Karlstad/SWEDEN: THQ Nordic's main shareholder Lars Wingefors has notified the company that he is carrying out an internal transaction between fully owned holding companies, whereby half of his A shares are being transferred from one holding company to another. The rationale of the transaction is to simplify the administration of the current holding company, Lars Wingefors AB.
Lars Wingefors indirectly owns 6,501,467 Class A shares and 29,523,732 Class B shares in THQ Nordic via Lars Wingefors AB, corresponding to a voting share of approximately 55.9 percent. Through the transaction, half of the mentioned A shares are being transferred to a fully owned subsidiary of Lars Wingefors 2 AB, which is fully owned by Lars Wingefors.
As a consequence of the transaction, THQ Nordic will no longer be consolidated as a subsidiary of Lars Wingefors AB, which will simplify the administration of the holding company.
For additional information, please contact:
Lars Wingefors, Co-Founder and Group-CEO
Tel: +46 708 471 978
About THQ Nordic
THQ Nordic develops and publishes PC and console games for the global games market. The company has an extensive catalogue of over 100 owned franchises, such as Saints Row, Goat Simulator, Dead Island, Darksiders, Metro (license), Titan Quest, MX vs ATV, Kingdoms of Amalur, Time Splitters, Delta Force, Alone in the Dark, Wreckfest amongst many others.
The group has a global presence, with its group head office located in Karlstad, Sweden and with three divisions; Deep Silver/Koch Media, THQ Nordic and Coffee Stain. The group has fifteen internal game development studios based in Germany, UK, Finland, USA and Sweden and engages close to 2000 people.
THQ Nordic's shares are publicly listed on Nasdaq First North Stockholm under the ticker THQN B with FNCA Sweden AB as its Certified Adviser. For more information, please visit: http://www.thqnordic-investors.com.
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